If You Owe Payroll Taxes, We Can Help
One of the most frequent and serious IRS tax violations is the failure of an employer to remit payroll taxes to the IRS that it has withheld from its employees’ pay. These are called trust funds and include social security, Medicare and income taxes.
These funds never belong to the employer, but rather are held in a constructive trust for the federal government. Thus, every employer has a fiduciary duty to properly report and turn over all withheld taxes. The IRS can assess steep Trust Fund Recovery Penalties and criminal charges. Kresch Tax Resolution Services can help you with this problem.
Contact us today for a Free Consultation.